Define the term Equipment
Define the term Equipment in Accountancy? Why they are used?
Expert
Equipment might be stated as all such instruments that are employed for producing any product or machine or service. They have particular design to handle particular activities. They are purchased for long period. Therefore, equipment is the portion of fixed assets. We charge depreciation on equipment with some rate of depreciation. For showing its accurate written down value in books of company. We might provide other name of equipment such as tool, implement, or apparatus. There is a little difference among machine and equipment. Machine has its own system to do any work however equipment is just a mechanical tool for employing production or making or repairing any huge machine. That is the cause; we keep all equipment in individual head in the fixed assets.
Write down the demerits of implementing Uniform Costing?
General Motors exports the cars to Spain however the strong dollar against the peseta, hurts the sales of GM cars in the Spain. In Spanish market, GM faces the competition from the French and Italian car makers, like Renault and Fiat, whose currencies stays stable wit
The goal of this long problem is to validate the turbine performance estimates in specific (XYZ) wind regimes, and estimate its cost. Below is a list of tasks you will need to accomplish, but you are not limited to these if you want to do more:
Explain about random walk model for exchange rate forecasting. Will it be reliable with the technical analysis?
Explain the term Contingent Liabilities?
Conduct an internet search by using the terms Darwin and Moths ("Darwin Moths", without the quotes). Learn about this famous illustration of Darwin's theory of natural selection, and write a brief paragraph describing it.
Need for valuing goodwill: If the mutual rights of the partners modifies then the party which makes a sacrifice should be compensated. This basis of compensation is goodwill therefore we require calculating goodwill. Mutual rights change beneath follo
Describe the term Holding Period?
Explain characteristics of the international and the domestic banks.
Explain the importance in studying the international financial management?
18,76,764
1959263 Asked
3,689
Active Tutors
1412169
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!